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HomeMy WebLinkAbout0529 . • ~ a~d shall per~orm, comply with and u6ids by each and eaery li~e aereementi, ~tipulationi, c~ondilions and c~o~~enanls ~he?eoJ, aud of lhts morl~a~e. Ihen thts mo?fgags and the e:tats hereby createcl. ~I~all ceais, de- fermine ant~ Ge nu~~ an~ iwi~. f~e morlgapor ~~eri:by ~urfher rnuenanls and ag?ees to pa~ promptly wl~en due 1hs p?inctpn! nnd tnfer~s! and ofher sums oj money proulde~I ~or in said ~ofe and ihta mwtgage. or eifl~er: fo pay a~~ and singu~a~ fhe fa.res, asaessmenfs, ~euies. Iia6iltties, o6~igaftons, ond encumbrancei o~ eoery naluro on satd pro- perly; fo pe?mtt, rnmml! or su(~er no wwte, impoi?ment o~ deteriorolion of satd ~and or the impro~emQnls ItiPreen af any lime: fo ~pep Ihc+ tiuil~i~gs now or he?aa~ter on saic~ land f ully inswea in a aum of not ~ess ~han---------- hiqheat insurable value thereof in n company or rnmpanies accepfab~e to f1~e morlgngee. !he po~tcy or po~iciea fo 6e he~ by, and payabi. !o, ant~ morfpagee. anc~ in f1~e eoen! any sum of money 6ec~omes ~ya6l~ 6y virfue of suc~ I?~aurance the mort9a9ee shall hai~? the rtght to receive and apply the aame ~o Il~e tnde6tedness here6y secured, aceounting to t{~e morlganor jor nny surplua: to pay a~~ rnsls, ctiarpes, and expensea, inc~uding lawyer~s ~eea and fif~e searches, reasonably incttrretl or paid 6y lhe mortgagee 6ecuusp oj Ihe /ailure oJ the mortgagor to prompfly ancl ~ully comply wifh tl~e agreements, stipulalions, rondttions nnd c~ouenants oj said note and this morlgape, or either: to pe~orm, comply with und abide 6y ench and euBry ftie agreements; afipu~attons, condtlions nnd covenanls aet jorlh in said note and t1~Ia mortgoge o~ eilher. In the event ihe mortgagor /oils !o pny when . due any tax, assessmenf, insumnce premium or ol~er sum oJ -money paya6le by vtrtue oJ soid note and tl~i.t mwfgage. or. eilf~er. I~e mortgagee may pay f~e same, wtt~out waluing or affeciing ftie option to lweclost or any ofher right herpunder, and all sucl~ payrnents s1~nll bear tnteresf jrom dale thereoj ot ~he I~t9he:e bw- . (ul rate Il~en allowed by tl~e laws of the Stafe o/ Floridn. - ~l any sum of mon~y ~erein re(e~ to Fie•not prompfly paFd wiihi~ thirty days next a~ts? Il~e same 6ecomes due, or iJ eac~ and every Ifie agreements, stipu~afions, condifions ancl covenants o~ aaia note and tl~ia moMgage, or eitl~er, are not jullq perJonried, complIecl wilh and ab~d~d 6y, tl~e~ t6e enttro ~ aum mentioned in snid note, and't{~is mortgnge, or the entire balance unpaid lhereon, shall jortl~witl~ or tl~ereof ter, a1 the option o( the mortgagee. 6ecome and be due and payn6le,- unrtl~ing in said nole or herein to the rnnlrary nofu~ithsfanc~ing. Fui~ure 6y ihe mortg¢gee to exercise an~+ o~ the rig~ta or opttons herein provQded sha~~ nof co?isfih~te a u~ai~pr o( any rtghts or options under saic~ note or ltiia morfgage accrued or I~erea(tcr acc?uing. ~n ~~LII~ ~~~1~ the soid mortgugor f~as ?~ereunto signetl nnd sealed fhese presenb t6e ~ay ancr year ~irst atione u~ritlen. RIV USE CORP. - $ignec~, sea~ araI tleli+•ere~I in ttie, prespnce of : ' . `u~~ - -...~--~.-x-------------~------.--- BY._ - - epha Alex, its President~ - """'""""""""'.._._....."""""""""""'~4"'f.~. , ~ ~ liOG R PO~tRAS r,~[Qx Ci~CU1T CCU ~ - ~ `~'aED ~ • - ! MaY ! l 12 n4 PN'18 ~ ~ 4U3889 ~ . ~ STATE OF ~7..ORIDA COU1~Ti'Y OR SA1NT 1.UCIE t , I HEREBY CERTIFY. Tf?ae on tl~u - 7th- dQy o/ April . A. D. t9 - ~ 6e onall STEPHAN ALEX ~c _ i f~ ~ n~ r - x~i~Fifit+lf~i~ - Pr+eaident ai~~ _ ~ _ _~BG~frS~C----- of RIVERHOUSE CORP . ~ a Florida ~ ' ~ known to be the persons descri6ed in and wlw executed the Jorepot~g inslrument, and sevemlly ac~nomledged tl~e ex~- . ~ culion thereo~ to be t{~eir lree act and deed as tuch officers. for the usea and purposes t{~erefn menttone~; and tjwt t~iey ~ a~(ixed tl~ereto the o/jicinl aeal o/ said c~orpor~utton, nnd the said inslniment is tTis act and deed o~ iaid oorporiation. ~ ~ ~ ~VITNESS my hand and ojficial seal Qe Fo~e P~~+r. ' Flor].dd , sdd oountq and ~tnte. ~ : ~ i - - g~ - - - ct,- ~ - Notarq Pub . tn a,~d jor seaes w~d e - • ` • ^ . . , ; ~ • ~ - My ComrnLsion Expires : ~y Q ' " -;L . ' ' , . ~ ~ / ~ O~ ' ~.I~'7.~s~' a,~.. "x'" ~ ~ ~ Mhw. rur~ ~ 7 ~Q ' t•~„a- ~ ~ . t~, ..dt:~:., .?'sl~~d t ~r. ~ , .ti '~''J:j ` ` . ~ • ~ f/,~;~ •~•N • ~ ! ~ . ~ + t ~,u p~~~d by: - ~ nda~ a~ Z$1 rz S Z„``~ _ ~ ~ _ -q r , _ . _ - ~`5_~~rL a-w . ~ . f~~YS'.s `~`7/~ - s..e~ _ .